A ground-breaking ceremony was held on Oct. 16 to start construction on the “Seoul DMC Landmark Building,” which would be Asia’s tallest, at the site of the DMC in Sangam-dong. The DMC (Digital Media City) is being developed by Seoul City to build a cluster of high-tech information and media industries under the “Sangam New Millennium Town Housing Development Plan.” Since January 2008, Seoul City has pushed a plan to build a landmark building representing both the DMC and Seoul. The 133-story, 640-meter-high building, which will have a total space of 724,675-square-meters, is being built on a site of 37,280-square-meters at a cost of more than 3.326 trillion won (US$2.871 billion).

Once completed, the building will become the world’s second tallest skyscraper after the Burj Dubai, a 160-story, 818-meter-high skyscraper under construction in Dubai, United Arab Emirates. Currently, Asia’s tallest building is the Shanghai Dragon, a 632-meter-high skyscraper to be completed in 2014 in Shanghai, China. On the highest floor, or the 133rd floor of the Seoul DMC Landmark Building, an observatory will be housed, higher than the 100th-floor, 474-meter-high observatory at the Shanghai World Financial Center. Luxury hotels will be housed on the 108th-130th floors of the landmark building, which would replace the Park Hyatt Hotel (79th-93rd floors) at the Shanghai World Financial Center as the hotels on the highest floors in the world. Also, the Seoul DMC Landmark Building is designed to house various functions of a futuristic city, including office and residential spaces, a department store, shopping malls, a convention center, a large-scale aquarium, restaurants, facilities for media, culture and exhibitions.
According to the final design, the Seoul DMC Landmark Building will feature a concept of “Seoul Wave,” which represents Seoul’s status as a city of history, globalization, culture and environment. The building also transforms the historic meaning and image of the Smoke-Signal Station on Namsan (Mt.), or a beacon mound on the mountain as a traditional measure of communications, to a flow of “light,” which symbolizes a modern measure of communications, or the digital industry. In addition, the building’s façade resembling a lighthouse is aimed at expressing a vision as a “light leading the new millennium.” Also, the building, as a “platinum-grade” future-oriented, eco-friendly structure, is likely to become a standard for future skyscrapers in the world. An official at Seoul City said the project for the “Seoul DMC Landmark Building” is expected to create 86,000 jobs, generate 11 trillion won in production and 2 trillion won in value added. In addition, the building is likely to help Seoul City reinvigorate the DMC by hosting information-technology and media companies. By creating a new digital culture, the building is also expected to become one of the world’s landmarks representative of the DMC and Seoul.